$ZEN
/ USDT ā Bullish Continuation Setup š
$ZEN is holding strong above key moving averages ā MA(7), MA(25), and MA(99) ā confirming a steady uptrend. The MACD stays positive, signaling increasing buying momentum, backed by consistent volume.
Trade Plan:
⢠Long Entry: Look to enter on a minor pullback near MA(7) to optimize risk.
⢠Targets:
āā TP1: $8.42 (immediate resistance)
āā TP2: $8.55 (next resistance level)
⢠Stop Loss: Place just below MA(25) to limit downside.
Risk Management:
Maintain at least a 1:2 risk-to-reward ratio. Limit position size to 1ā2% of total capital, and use trailing stops to lock in profits as price advances.
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